Chart Industries shareholders approve $210 per share Baker Hughes acquisition

Chart Industries Inc. (NYSE: GTLS) shareholders voted to approve the company's acquisition by Baker Hughes (NASDAQ: BKR) at a special meeting held Monday. A majority of outstanding Chart common stock shares were voted in favor of adopting the definitive merger agreement.

Under the merger terms, Chart shareholders will receive $210.00 per share in cash when the transaction closes. The deal is expected to complete by mid-year 2026, subject to customary conditions and regulatory approvals.

"We are pleased to deliver this transaction to Chart shareholders and thank them for their support," said Chart President and CEO Jill Evanko. "With this important milestone now achieved, we look forward to moving forward with the completion of the transaction."

Chart will report final voting results in a Form 8-K filing with the U.S. Securities and Exchange Commission. The Atlanta-based company designs and manufactures process technologies and equipment for gas and liquid molecule handling applications.

Chart operates 65 global manufacturing locations and over 50 service centers across the United States, Asia, Australia, India, Europe and South America. The company provides technology and equipment for liquefied natural gas, hydrogen, biogas and CO2 capture applications.

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